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PosteItaliane


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Italy's railways to remain under state control, transport minister says

Italy's railways to remain under state control, transport minister says MILAN, Sept 18 (Reuters) - Italy's state railways company will remain under state control, Transport Minister Matteo Salvini said on Wednesday, after the company's CEO said he was considering opening it up to private investors. "I deny any sell-off (plans for the company)", Salvini said during question time in the Senate, the upper house of parliament.
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Italy - Factors to watch on September 18

Italy - Factors to watch on September 18 . The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . DEBT The Italian Treasury said it would sell 3 billion euros' ($3.34 billion) worth of three BTP bonds in a tap issuance for specialists, to be held on Wednesday.
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Italy approves decree to sell around 14% stake in Poste Italiane

UPDATE 1-Italy approves decree to sell around 14% stake in Poste Italiane Adds details from statement and background ROME, Sept 17 (Reuters) - Italy approved on Tuesday a decree allowing the Treasury to sell a stake of up to 14% in postal service Poste Italiane PST.MI , Prime Minister Giorgia Meloni's office said in a statement. Under the decree, the state plans to retain more than 50% stake in Poste, the statement said.
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Italy - Factors to watch on August 7

Italy - Factors to watch on August 7 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Italy on Tuesday appointed a special commissioner to tackle the spread of the blue crab, an aggressive species that is preying on local clams and threatening a lucrative part of national food production.
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Poste Italiane Starts Second Buyback Tranche For Up To EUR 56 Mln

BRIEF-Poste Italiane Starts Second Buyback Tranche For Up To EUR 56 Mln Aug 6 (Reuters) - Poste Italiane SpA PST.MI : STARTS SECOND TRANCHE OF BUYBACK FOR UP TO EUR 56 MILLION Further company coverage: PST.MI (Gdansk Newsroom)
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Bakkavor, Drax Group, Greggs

EUROPE RESEARCH ROUNDUP- Bakkavor, Drax Group, Greggs Aug 5 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bakkavor, Drax Group and Greggs on Monday. HIGHLIGHTS * Bakkavor BAKK.L : HSBC raises target price to 170p from 150p * Drax Group Plc DRX.L : HSBC raises target price to 600p from 500p * Greggs GRG.L : HSBC cuts to hold from buy * Pennon Group PNN.L : Barclays cuts to equal-weight from overweight * United Utilities UU.L : Bar
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Italy - Factors to watch on August 5

Italy - Factors to watch on August 5 The following factors could affect Italian markets on Monday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS (*) The foreign ministers of the Group of Seven (G7) major democracies called on all parties involved in the current conflict in the Middle East to avoid actions that could lead to an escalation, Italy's fo
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Poste Italiane Fleet Will Run On Enilive Biofuels

BRIEF-Poste Italiane Fleet Will Run On Enilive Biofuels Aug 1 (Reuters) - Eni SpA ENI.MI : POSTE ITALIANE FLEET WILL RUN ON ENILIVE BIOFUELS AGREEMENT INCLUDES REPLACING POSTE'S ENTIRE FLEET WITH MORE SUSTAINABLE VEHICLES Further company coverage: ENI.MI (Gdansk Newsroom)
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Bodycote, Croda, Spectris

EUROPE RESEARCH ROUNDUP- Bodycote, Croda, Spectris July 31 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Bodycote, Croda and Spectris, on Wednesday. HIGHLIGHTS * Bodycote Plc BOY.L : HSBC cuts target price to 940p from 950p * Bucher Industries AG BUCN.S : Berenberg cuts target price to CHF 464 from CHF 470 * Croda CRDA.L : HSBC cuts target price to 4400p from 4800p * Spectris Plc SXS.L : JP Morgan raises target price to 2,950p fr
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Poste Italiane Says Net Profit Exceeds 1 Bln Euros for H1

BRIEF-Poste Italiane Says Net Profit Exceeds 1 Bln Euros for H1 July 30 (Reuters) - Poste Italiane SpA PST.MI : NET PROFIT EXCEEDS €1 BILLION IN FIRST HALF OF 2024; CEO: SUCCESSFUL BUSINESS MODEL ADJUSTED OPERATING RESULT (EBIT) FOR FIRST HALF OF 2024 IS EUR 1.5 BILLION NET PROFIT FOR FIRST HALF OF 2024 IS OVER EUR 1 BILLION, WITH AN UNDERLYING G
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Eurovita legacy portfolio progressing well, Italy's Poste CEO says

BRIEF-Eurovita legacy portfolio progressing well, Italy's Poste CEO says July 30 (Reuters) - Poste Italiane CEO Matteo Dal Fante tells analysts: EUROVITA LEGACY PORTFOLIO PROGRESSING VERY WELL, NOT REGISTERING ANY IMPAIRMENT WE ARE NOT ANTICIPATING ANY IMPACT IN OUR ENERGY BUSINESS FROM ANTITRUST DECISION Further company coverage: PST.MI Reporting
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Italy's Poste new labour contract consistent with business plan, CEO says

BRIEF-Italy's Poste new labour contract consistent with business plan, CEO says July 30 (Reuters) - Poste Italiane SpA PST.MI Chief executive Matteo Dal Fante tells analysts during a post-results call: NEW COLLECTIVE LABOUR CONTRACT FULLY CONSISTENT WITH BUSINESS PLAN, PROVIDES INCREASED VISIBILITY ON COST BASE Further company coverage: PST.MI Repo
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Europe's STOXX 600 gains as earnings flourish; focus on Fed decision

UPDATE 2-Europe's STOXX 600 gains as earnings flourish; focus on Fed decision For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window EZ economy grew 0.3% in Q2 qtr on qtr -preliminary estimate Italy's Intesa Sanpaolo up after raising profit outlook UK's St James Place soars on cost-cutting plans STOXX 600 up 0.5% Updated at 1600 GMT By Shashwat Chauhan and Pranav Kashyap July 30 (Reuters) - European shares c losed higher on Tuesday, boosted by
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Poste Italiane up 4% after Q2 beat, forecast hike

BUZZ-Poste Italiane up 4% after Q2 beat, forecast hike ** Shares in Poste Italiane PST.MI rise as much as 4.3%, as co posts Q2 results above estimates and slightly raises its FY EBIT guidance ** "All the lines of business reported positive trends and inflationary impacts were contained thanks to the continued cost discipline," notes Akros ** Poste
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Italy's Poste improves outlook after Q2 profit beats forecast

UPDATE 1-Italy's Poste improves outlook after Q2 profit beats forecast Adds details on insurance sales, CEO quote in par 7-11 By Elvira Pollina MILAN, July 30 (Reuters) - Poste Italiane PST.MI slightly r aised its full year profit goal on Tuesday, after operating profit fell less than expected in the second quarter supported by a strong performance of the postal service's traditional parcel and mail business.
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Italy's Poste slightly ups outlook after Q2 profit beats forecast

Italy's Poste slightly ups outlook after Q2 profit beats forecast MILAN, July 30 (Reuters) - Poste Italiane PST.MI slightly improved its full year profit goal on Tuesday, after second-quarter operating profit fell less than expected supported by a strong performance of the postal service's traditional parcel and mail distribution business. Earnings before interest and tax (EBIT) came in at 782 million euros ($846 million) in the three months to the end of June, down year-on-year but well above a
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Poste Italiane Q2 Adj. EBIT At EUR 782 Mln

BRIEF-Poste Italiane Q2 Adj. EBIT At EUR 782 Mln July 30 (Reuters) - Poste Italiane SpA PST.MI : Q2 REVENUE EUR 3.12 BILLION VERSUS EUR 3.04 BILLION IN COMPANY-COMPILED CONSENSUS Q2 ADJUSTED EBIT EUR 782 MILLION Q2 NET PROFIT EUR 525 MILLION 2024 ADJUSTED EBIT GUIDANCE UPGRADED TO EUR 2.8 BILLION, DRIVEN BY OUTPERFORMANCE IN MAIL & PARCEL AND NII F
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Italy - Factors to watch on July 30

Italy - Factors to watch on July 30 The following factors could affect Italian markets on Tuesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Chinese President Xi Jinping and Italian Prime Minister Giorgia Meloni discussed the war in Ukraine and the crisis in the Middle East at a meeting in Beijing on Monday, Meloni's office said.
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Italy - Factors to watch on July 24

Italy - Factors to watch on July 24 The following factors could affect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannot vouch for their accuracy. New items are marked with (*). For a complete list of diary events in Italy please click on IT/DIA . POLITICS Prosecutors in the city of Crotone have informed six police and coastguard officers that they may face trial over alleged failures to avoid a migrant shipwreck that killed at least 94 people, angering Ita
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Deals of the day-Mergers and acquisitions

Deals of the day-Mergers and acquisitions Adds Bunge, Aramco, Fnac Darty, Gulf Energy Development, Delen July 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1 930 GMT on Tuesday: * * U.S. grains merchant Bunge BG.N has offered to sell Glencore-backed GLEN.L Viterra's crush and refining plants for oilseeds in Hungary and Poland in order to secure EU antitrust approval for the $34 billion merger, a person close to the deal said.
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